Tennessee Statutes
§ 47-14-118 — Usury or excessive charges - Statute of limitations
Tennessee·Title 47
(a)No action shall be brought on any claim for usury after three (3) years from the date of last payment of the same or foreclosure or court action, whichever ensues first.
(b)No action shall be brought on any claim for excessive loan charges, commitment fees, or brokerage commissions after three (3) years from the date of payment of the charges, fees or commissions.
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Related
Pacific Eastern Corp. v. Gulf Life Holding Co.
902 S.W.2d 946 (Court of Appeals of Tennessee, 1995)
Pacific Eastern Corp. v. Gulf Life Holding Co. (In Re Pacific Eastern Corp.)
223 B.R. 523 (M.D. Tennessee, 1998)
Sake, LLC v. Cain
(M.D. Tennessee, 2025)
Legislative History
Acts 1979, ch. 203, § 17.
Nearby Sections
15
§ 47-1-101
Short title§ 47-1-102
Scope of chapter§ 47-1-104
Construction against implied repeal§ 47-1-105
Severability§ 47-1-106
Use of singular and plural - Gender§ 47-1-201
General definitions§ 47-1-202
Notice - Knowledge§ 47-1-204
Value§ 47-1-205
Reasonable time - Seasonableness§ 47-1-206
Presumptions§ 47-1-302
Variation by agreement